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COPENHAGEN, Jan 4 (Reuters) - Denmark's Maersk (MAERSKb.CO) said on Thursday it has rerouted four out of five container vessels that were stuck in the Red Sea back towards the Suez Canal and the ...
Today, an estimated 90% of the world’s goods are transported by sea, with 60% of that – including virtually all your imported fruits, gadgets and appliances – packed in large steel containers.
Container shipping rates had declined from the third quarter of 2021 into the third quarter of 2023, Burke told MarketWatch. But the rates rose 150% from Dec. 31, 2023, to Jan. 29, 2024, the ...
EUDORA, Kan. (WIBW) - A garage fire was quickly contained after hot coals fell out of a cooling container in Eudora on the Fourth of July. The Eudora Fire Department says that around 1:30 p.m. on ...
Attacks on container ships in the Red Sea have wreaked havoc on one of the world’s most important trade routes, increasing shipping costs and raising inflation fears. Here’s what you need to know.
Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday.
Dozens of giant container ships are bobbing around the oceans with no place to dock, after a South Korean shipping company went bankrupt. The stranded cargo may include as many as 500,000 containers.
Global shipping and logistics stocks fell as investors bet that a possible cease-fire between Israel and Hamas could see container ships return to the Red Sea, which would [weigh on freight rates ...
LONDON/ATHENS (Reuters) - The crew of the Hong Kong-flagged ASL Bauhinia have abandoned the container ship in the Red Sea after it caught fire on Tuesday, two maritime sources said, adding the ...
A Portuguese container ship has collided with a U.S.-flagged oil tanker while the tanker was anchored in the North Sea, with both ships catching on fire, officials said.
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